Ford Joins Guaranteed Wage Talks
Ford and General Motors prepare to begin contract bargaining with the United Auto Workers over a guaranteed annual wage proposal. UAW President Walter Reuther aims to spread the idea through the union and to American industry. Ford cites stable employment and high overtime pay as evidence of prudent staffing. GM says it enters talks with an open mind.
MENTIONED IN THIS ARTICLE
Detroit
Ford Moror Co
CIO
United Auto Workers Union
Ford
UAW
General Motors Corp
Walter Heather
Ernest BR. Breech
Fort Board
New York Financial Writers
Dermand
Breech
Reuther
Guaranteed Pay Plan Draws NAM Chief Fire
BELLEAIR Fla The NAM president Henry G Riter III of Thomas A Edison Inc rejects guaranteed annual wage as nebulous and meaningless He says no one can guarantee sales and income for any company or profession and that customer demand controls profits and income He warns such a wage would hinder economic growth and security depends on a sound expanding economy
MENTIONED IN THIS ARTICLE
Belleair
Fla
National Assn. of
Henry G. Riter III
Thomas A. Edison Inc
Riter
NAM
Institute of Industrial Relations
Thomas A. Edison
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